A divorce can be devastating to your finances if you aren’t prepared. The divorce settlement determines who gets what, but that’s just the beginning. It’s important to take stock of your financial situation and make moves to start rebuilding your finances on your own. “Once the financial dust settles after...
13 expenses that you should not put on your credit card
It can be tempting to use a credit card to pay for expenses you usually wouldn’t (or couldn’t) pay for with cash or a debit card. But, whether you’re working to pay off debt or want to stay out of credit card debt, it’s best to avoid using your card for anything you can’t pay off before you begin…
7 ways to practice financial self-care
Self-care isn’t all candle-lit bubble baths and foaming face masks. Those things definitely fall into the self-care category — and are, some would argue, crucially important — but there are many ways to practice self-care, including with your wallet.
According to a new survey from CreditWise, released…
Should I get a financial advisor?
While some experts say a good rule of thumb is to hire an advisor when you can save 20% of your annual income, others recommend obtaining one when your financial situation becomes more complicated, such as when you receive an inheritance from a parent or you want to increase your...
The 8-step plan to achieving financial freedom
The late Jim Rohn, who spent 40 years as a sales expert and motivational speaker, would frequently discuss financial freedom in his podcasts. In his distinctive voice, he would emphasize the need to learn to work harder on yourself than you work on your job. He called making money…
Should you get a financial advisor’s advice before investing in bitcoin?
Given Bitcoin’s unpredictable nature, you may wonder whether you should consult a financial advisor before investing in the buzzy cryptocurrency. The short answer: It never hurts to get a second opinion.
Anything that jumps from less than $11,000 to more than $40,000 in a few months would make many investors take a second look…
Should I have an emergency fund?
A hospital bill in the thousands. A vet invoice for hundreds. A car repair for more than you make in a month. When faced with an emergency, it can compound the problem to try to figure out how to pay for the unexpected expenses on top of an already stressful situation…